We seem to have finished a Triangle count here so can look for the move higher to be equal to wave (i) which gives us a potential target of 20219.
Of course it can go higher and I'd love to see it go higher but 20k is already a great target.
If price goes above 19340, it should continue to go higher towards the noted Fib clusters.
Same view goes for the other cryptos !
Notice that Litecoin and XRP have the biggest growth potential among the list.
For LTC I think it's doeable but XRP i'm not that sure, so, carefull on your allocations.
But if price goes below orange wave e, we could see a sell off here so be twice as carefull in that case!
Of course it can go higher and I'd love to see it go higher but 20k is already a great target.
If price goes above 19340, it should continue to go higher towards the noted Fib clusters.
Same view goes for the other cryptos !
Notice that Litecoin and XRP have the biggest growth potential among the list.
For LTC I think it's doeable but XRP i'm not that sure, so, carefull on your allocations.
But if price goes below orange wave e, we could see a sell off here so be twice as carefull in that case!
Note
The fact it's going more sideways for 2 days now makes me believe we could see a deeper pullback.For exemple ETHUSD seems like it could go for 552 or even 511
Note
Ethereum - missed the 100% projection by 6$ and is now going.Careful though, it might make a bigger triangle count!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.